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2 mins read
Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level
Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…
PTI
1 min read
Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches
Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …
PTI
3 mins read
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
2 mins read
Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
The sales were impacted by high base effect as well as companies reducing vehicle dispatches to dea…
PTI
1 min read
Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
2 mins read
Tata Motors eyes gains in SUV space as it drives in its Curvv
The model would be competing with the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitar…
PTI
2 mins read
Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data
The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…
ANI
2 mins read
Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits
"Despite improved product availability and substantial discounts aimed at stimulating demand, m…
PTI
2 mins read
Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA
The electric two-wheelers sales during the previous month stood at 1,07,016 units, up 95.94 per…
PTI
2 mins read
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…
2 mins read
August auto sales – Maruti Suzuki, Tata Motors and others report a decline in sales
The Indian passenger vehicles segment reported a decline in sales for the second month in August 20…
3 mins read
Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars
India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…
2 mins read
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
2 mins read
Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA
"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…
PTI
2 mins read
Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024
The month of July 2024 could have been better for automakers, with most companies reporting a decli…
2 mins read
Tata Motors shares slump 4% on poor sales data
On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …
PTI
2 mins read
Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth
The Indian auto companies continued to perform well in February 2024, starting the year on a positi…
3 mins read
EV sales expected to grow by over 65% in 2024, double its overall market share
Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…
2 mins read
Firm economic growth helped Indian automobile industry post 12.5% sales growth
Backed by robust economic growth and conducive government, the Indian automobile industry has poste…
ANI
2 mins read
April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer
Hyundai continued to occupy the second position in India’s car market, with Tata Motors taking the …